Shanghai, September 15 (Gasgoo.com) By planning to indirectly own part of Sweden's Saab, Beijing Automotive Industry Holding Co. is seeking a "strategic alliance" modeled on the Renault-Nissan Alliance, the Wall Street Journal said today, citing a top executive of Beijing Auto.
Shanghai, September 14 (Gasgoo.com) Beijing Auto recently said that it will launch its first self-developed "Beijing" brand passenger vehicle model - the 007 SUV - in May 2010, and another SUV model codenamed B40 will also be released next year, xinhuanet.com reported today.
Shanghai, September 10 (Gasgoo.com) Chinese carmaker Chery Auto launched its Rely brand earlier this week and is set to release the Rely V5 as the first model of this brand, China Car Times said.
Shanghai, September 8 (Gasgoo.com) China's auto sales in August surged 82% from a year earlier to 1.14 million units, but monthly sales dropped to second place behind the U.S. after leading for much of the year, media reported today, citing industry data.
Shanghai, September 7 (Gasgoo.com) China's auto sales in the January-August period likely exceeded 8 million units, a senior minister said Saturday, Xinhuanet.com reported.
Shanghai, August 27 (Gasgoo.com) Lifan Auto, a Chinese company that has ended its cooperation with Ethiopian automaker Holland Car, says it is vigorously seeking another local partner to form a joint-venture company in the East African country, Nazret.com reported earlier this week.
Shanghai, August 27 (Gasgoo.com) Chinese carmaker Chery Auto will add six assembly plants overseas this year, expanding its global production network to 15 countries and regions, China Daily reported yesterday.
Shanghai, August 24 (Gasgoo.com) Brilliance Auto will set up a wholly-owned subsidiary making special purpose vehicles (SPV) in China very soon, the Beijing News reports Monday.
Shanghai, August 25 (Gasgoo.com) Last week gasgoo.com reported that Chinese automaker Chongqing Lifan Automobile may be sued by its Ethiopian partner, Holland Car Plc over Lifan's contract termination. Yesterday, in a statement to gasgoo.com, Lifan Auto clarified the dispute and denied the "hostile takeover bid" allegation of Holland Car.
Chery Automobile Co Ltd, the largest private auto maker in China, aims to sell 10,000 vehicles in Brazil by the end of 2010 as part of its overseas expansion plan, the Shanghai Daily reported over the weekend. Chery last week began exporting its Tiggo SUV vehicle to Brazil, officially entering the Brazilian market, and...